Why Bolt Biotherapeutics Shares Are Trading Lower By Around 34%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session

Shares of Bolt Biotherapeutics, Inc. BOLT fell sharply during Wednesday's session after the company reported first-quarter financial results.

Bolt Biotherapeutics posted a GAAP loss of 28 cents per share on sales of $5.30 million, according to data from Benzinga Pro.

Also, Guggenheim analyst Michael Schmidt downgraded Bolt Biotherapeutics from Buy to Neutral, while Stifel analyst Stephen Willey downgraded the stock from Buy to Hold and lowered the price target from $6 to $1.5.

Bolt Biotherapeutics shares dipped 34.4% to $0.8652 on Wednesday.

Here are some other stocks moving in today’s mid-day session.

Gainers

• AERWINS Technologies Inc. AWIN shares surged 201% to $8.16.
• Sintx Technologies, Inc. SINT jumped 169% to $0.1449 after jumping over 41% on Tuesday. SINTX Technologies recently posted downbeat quarterly results.
• Faraday Future Intelligent Electric Inc. FFIE jumped 87% to $0.5336 after jumping around 368% on Tuesday.
• Edible Garden AG Incorporated EDBL climbed 53.2% to $6.54 following first-quarter results.
• iPower Inc. IPW gained 53% to $1.36 after the company reported better-than-expected third-quarter financial results.
• Selina Hospitality PLC SLNA jumped 51% to $0.0850.
• Greenwave Technology Solutions, Inc. GWAV shares gained 41% to $0.0627 after surging 7% on Tuesday.
• Complete Solaria, Inc. CSLR gained 30.6% to $0.90. Complete Solaria signed a term sheet to eliminate Carlyle debt.
• OptimizeRx Corporation OPRX jumped 24% to $13.03 following upbeat quarterly results.
• Blue Star Foods Corp. BSFC rose 23% to $0.0686.
• monday.com Ltd. MNDY jumped 21.5% to $220.93 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.
• Telos Corporation TLS gained 21.4% to $3.85.
• BioCryst Pharmaceuticals, Inc. BCRX rose 20% to $6.44.
• Arcutis Biotherapeutics, Inc. ARQT rose 16.5% to $9.47 after the company reported better-than-expected first-quarter financial results.
• Dolphin Entertainment, Inc. DLPN rose 15.4% to $1.2999 after the company reported a year-over-year increase in first-quarter financial results.
• Codere Online Luxembourg, S.A. CDRO jumped 14.3% to $7.98 following first-quarter results.
• Nutriband Inc. NTRB gained 13.5% to $4.34.
• Riskified Ltd. RSKD jumped 12.8% to $6.05 following upbeat results.
• Cabaletta Bio, Inc. CABA gained 12.8% to $12.66 following first-quarter results.
• Jeffs’ Brands Ltd JFBR jumped 12% to $0.2530.
• B&G Foods, Inc. BGS rose 11.5% to $9.53.
• Crown ElectroKinetics Corp. CRKN shares rose 11.2% to $0.0529.
• Pineapple Energy Inc. PEGY gained 8.1% to $0.0637 after adding around 12% on Tuesday.
• Dell Technologies Inc. DELL rose 6% to $142.18 after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $128 to $152.

Losers

• Virpax Pharmaceuticals, Inc. VRPX shares fell 63.9% to $0.8199 after the company reported pricing of $2.25m public offering.
• Yield10 Bioscience, Inc. YTEN fell 49.4% to $2.66 after the company reported delisting from the Nasdaq.
• Aethlon Medical, Inc. AEMD fell 45.8% to $0.4604 after the company announced pricing of $4.7 million public offering.
• Pixelworks, Inc. PXLW dipped 40.2% to $1.1186 after the company issued soft second-quarter guidance.
• GameStop Corp. GME shares fell 31.9% to $33.22 following a 60% surge on Tuesday.
• Koss Corporation KOSS dipped 31% to $4.24.
• VirTra, Inc. VTSI shares fell 30% to $11.49 after the company reported worse-than-expected first-quarter financial results.
• MicroCloud Hologram Inc. HOLO dipped 30.3% to $2.25.
• SunPower Corporation SPWR shares fell 29.6% to $3.0896. Wolfe Research analyst Steve Fleishman downgraded SunPower from Peer Perform to Underperform.
• Intrusion Inc. INTZ shares declined 28.7% to $1.84 after the company reported downbeat first-quarter sales.
• DLocal Limited DLO fell 27.5% to $9.84 after the company reported weaker-than-expected first-quarter earnings and said there is a greater likelihood of coming in towards the lower end of its guidance range.
• AMC Entertainment Holdings, Inc. AMC fell 26.3% to $5.04 after jumping 32% on Tuesday.
• Maxeon Solar Technologies, Ltd. MAXN declined 25% to $2.7550.
• The Oncology Institute, Inc. TOI fell 24.4% to $0.6798 following weak quarterly results.
• Cheetah Net Supply Chain Service Inc. CTNT shares fell 23.2% to $4.92 after jumping 442% on Tuesday. The company priced a follow-on offering for gross proceeds of $8.19 million.
• Nortech Systems Incorporated NSYS fell 21.1% to $11.97. Nortech Systems is expected to hold a conference call on Thursday, May 16, to discuss the company’s first quarter financial results.
• Virgin Galactic Holdings, Inc. SPCE fell 16.5% to $1.06.
• Novavax, Inc. NVAX declined 12.5% to $11.80.
• Pulse Biosciences, Inc. PLSE declined 12.1% to $6.74. Pulse Biosciences named Burke T. Barrett as President and Chief Executive Officer.
• iRobot Corporation IRBT fell 11.8% to $11.24.
• BlackBerry Limited BB fell 10.2% to $3.11.
• Sunnova Energy International Inc. NOVA fell 9.9% to $4.8000.
• NIO Inc. NIO dipped 9.5% to $5.24. New reports indicate the company on Wednesday launched its first vehicle under its new Onvo brand.
• Rivian Automotive, Inc. RIVN fell 8.7% to $10.22.
• Petróleo Brasileiro S.A. – Petrobras PBR shares fell 8.3% to $15.30. Brazil's President Luiz Inacio Lula da Silva fired Jean Paul Prates, the CEO of Petrobras, following a dispute over dividend.

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